21,250 Shares in The Boeing Company $BA Purchased by Blue Edge Capital LLC

Key Points

• Blue Edge Capital LLC acquired 21,250 Boeing shares worth approximately $4.6 million in the second quarter. Institutional investors and hedge funds collectively own 64.82% of Boeing’s stock.
• Analyst opinions remain mixed, with recent upgrades and downgrades; Boeing has a consensus rating of “Moderate Buy” and an average price target of $272.58.
• Boeing’s revenue rose 8% year over year to $24.56 billion in its latest quarter, but the company missed EPS expectations and continues to face high debt, production-quality concerns and labor-related execution risks.

Blue Edge Capital LLC acquired a new stake in The Boeing Company (NYSE:BA - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 21,250 shares of the aircraft producer's stock, valued at approximately $4,600,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Boeing in the 3rd quarter valued at approximately $25,000. Strive Financial Group LLC acquired a new position in Boeing in the fourth quarter worth $25,000. CrossGen Wealth LLC acquired a new position in Boeing in the fourth quarter worth $26,000. Ares Financial Consulting LLC bought a new stake in Boeing during the fourth quarter valued at $26,000. Finally, 1 North Wealth Services LLC bought a new stake in Boeing during the fourth quarter valued at $27,000. Institutional investors and hedge funds own 64.82% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on BA. Citigroup downgraded shares of Boeing from a "buy" rating to a "sell" rating in a research report on Tuesday, August 11th. William Blair reaffirmed an "outperform" rating on shares of Boeing in a research report on Tuesday, July 28th. JPMorgan Chase & Co. increased their price objective on shares of Boeing from $270.00 to $290.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 29th. The Goldman Sachs Group downgraded Boeing from a "buy" rating to a "hold" rating in a research note on Tuesday, August 11th. Finally, UBS Group began coverage on Boeing in a research report on Tuesday, August 11th. They set a "buy" rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $272.58.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing secured a sole-source F-15 sustainment contract with a potential ceiling of approximately $131.23 billion through 2037. The award strengthens Boeing’s long-term defense backlog, although the ceiling represents a maximum potential value rather than guaranteed revenue. Boeing's $131B F-15 Win
• Positive Sentiment: Boeing and RTX won a combined $766 million in B-52 modernization contracts, providing additional evidence of continued U.S. defense demand for Boeing’s products and services. Boeing, RTX Win B-52 Contracts
• Positive Sentiment: Recent commentary portrays Boeing’s turnaround as progressing, with profitability and strong revenue growth expected as the company stabilizes production. Bernstein also initiated or reiterated a Buy rating, while valuation analysis suggested the shares could be undervalued after their recent decline. Boeing vs. Joby Aviation
• Neutral Sentiment: Reports said President Trump purchased as much as $500,000 of Boeing stock on the same day the Navy awarded Boeing a contract worth up to $880 million. The purchase may attract attention, but it does not change Boeing’s underlying financial outlook. Trump Bought Boeing Stock
• Negative Sentiment: Boeing has posted contractor openings for engineering and technical roles during a labor dispute with the SPEEA white-collar union. The move raises concerns about a potential strike, workforce disruption and additional execution risk. Boeing Posts Contract Jobs
• Negative Sentiment: A Boeing quality manager publicly expressed serious concerns about the 787 and 737 MAX, reinforcing ongoing worries about manufacturing quality, regulatory scrutiny and production reliability. Boeing Quality Concerns
• Negative Sentiment: Investors remain cautious because Boeing continues to carry substantial debt and faces commercial-aircraft headwinds. Commentary also questioned whether the $131 billion F-15 figure could translate into meaningful near-term cash flow, while the company’s decision to repurchase a business it previously sold highlighted concerns about capital allocation. Boeing F-15 Contract Ceiling

Boeing Price Performance

Shares of NYSE:BA opened at $209.78 on Friday. The firm's 50 day moving average is $220.87 and its two-hundred day moving average is $221.44. The firm has a market capitalization of $165.81 billion, a P/E ratio of 90.82 and a beta of 1.21. The company has a current ratio of 1.14, a quick ratio of 0.33 and a debt-to-equity ratio of 6.77. The Boeing Company has a 52 week low of $176.77 and a 52 week high of $254.35.

Boeing (NYSE:BA - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.34) by ($0.42). Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The business had revenue of $24.56 billion for the quarter, compared to analyst estimates of $24.26 billion. During the same quarter in the prior year, the firm posted ($1.24) earnings per share. The business's quarterly revenue was up 8.0% on a year-over-year basis. Analysts anticipate that The Boeing Company will post -0.87 earnings per share for the current year.

About Boeing

Boeing Company NYSE: BA is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.

Boeing's principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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